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Testimonial

"A logical, methodical approach to project and project risk evaluation allows public and private institutions to allocate resources optimally. Being responsible for project evaluation in the Public Private Partnerships Unit of the National Treasury of South Africa, the course allowed me to tackle complex project evaluations with confidence. The course is an excellent means of achieving continuing education goals. It covered a wide range of financial, economic and risk appraisal techniques and exposed me to the expertise and experience of the teaching faculty, who combine real-life experience from the world over with very good teaching techniques. The learning environment is the best I have ever experienced, the support offered is superb and Duke is a stunning place to experience."

William Dachs
Head of Public-Private Partnerships Unit, National Treasury, South Africa
PARM, 2002

Project Appraisal and Risk Management

The Project Appraisal and Risk Management (PARM) program has been created for people who design, select or finance major investments ranging from infrastructure or natural resource projects, to social programs. It covers financial, economic, stakeholder and risk analysis, as well as risk management of projects and programs. The program uses case studies, lectures, group discussions, participant presentations and computer exercises to assist participants in developing expertise in producing and analyzing feasibility studies. The program takes participants through a flexible appraisal framework suited to handle different types of projects (ranging from commercial enterprises and public utilities to social sector investments), and a wide range of issues from environmental policy to risk management. This framework is particularly well-suited to the assessment of projects implemented by the private sector in regulated sectors, or in partnership with the public sector, where analysis of project designs from the perspectives of the different stakeholders is crucial. Each year, new developments in risk management or economic analysis are highlighted. This program lasts four weeks.

Faculty
Dr. Graham Glenday and Dr. Fernando Fernholz co-direct the workshop. Dr. Glenday and Dr. Fernholz each have over 20 years of experience in public finance, tax policy and other fiscal reform matters. Duke University faculty representing different disciplines and perspectives, and senior practitioners in project appraisal and risk management from international organizations, financial institutions, and other prominent development institutions also instruct during this workshop.

2010 PARM brochure, available soon

For more information about Project Appraisal and Risk Management, please contact us.